NEW DELHI: Zaakpay, an online payment gateway provider, launched Mpay, its mobile payment processing solution for retailers to enable them to collect payments via the mobile.

With this solution, users can now buy directly using their mobile phones, quickly and easily,Zaakpay said in a statement.

The launch of Mpay provides online retailers a tool to monetize their products and services on any Android mobile device and iPhone, it said.

Mpay offers two payment solutions for the mobile medium. The first is a mobile web, browser-based payment gateway solution that delivers on websites optimised for mobile devices with which the consumer interacts using the mobile device's web browser, it added.

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